The CFTC invoked Section 8a(9) emergency power Aug. 11 to keep Kalshi’s exchange operating nationwide. New York’s suit seeks at least $36 billion from Kalshi, an exchange whose publicly reported valuation is $22 billion. Texas is not among the nine states the CFTC has sued over event-contract enforcement. A Texas Senate committee is studying the … Read more
A Texas visitor won $1,896,388.88 on a $250 spin at Resorts World Las Vegas on Aug. 7. Texas Penal Code Chapter 47 makes it an offense to possess a gambling device to further gambling. The three tribes running gaming in Texas offer Class II electronic bingo, not slots or table games. Legal Texas gambling is … Read more
Two taxpayer groups sued Aug. 5 to void 2025 Wisconsin Act 247, the tribal-server model for mobile betting. Act 247 exempts a mobile wager from Wisconsin’s criminal code only if the server sits on tribal land. The third count calls the tribal-server requirement a racial classification barred by the 14th Amendment. Texas has never signed … Read more
Novig went live Aug. 4 in every state except Arizona, Michigan and Nevada, Texas included. Ludlow Exchange LLC, which Novig owns, won CFTC designation as a contract market on June 16. No Texas agency licenses Ludlow Exchange, reviews the contracts it lists or can switch it off. Texas Penal Code Section 47.02 makes a bet … Read more
Premier Winnings costs $100 and prints four top prizes of $10 million at odds of 1 in 2,250,000. The game’s prize table pays out about 80 cents of every dollar if all 9.2 million tickets sell. Overall odds of winning any prize are 1 in 3.49, and the smallest prize is $150. The game procedures … Read more
Playtika moved to dismiss Washington’s suit over 16 casino-style apps, with oral argument noted for August. The state says Washingtonians spent more than $225 million in the apps since September 2020. Texas defines a thing of value as any benefit, a wider test than the one Washington spent years litigating. Texas licenses no online casino, … Read more
The Alabama-Coushatta Tribe opens a 300-machine temporary casino in Leggett, Texas, in August 2026. The facility offers only Class II electronic bingo, with no slots or table games permitted. The temporary casino bridges to a 3,400-machine permanent resort that broke ground June 18, 2026. The permanent resort’s first phase is scheduled to open in late … Read more
A summons in the criminal case against the abolished Texas Lottery Commission went to the agency that now runs the lottery. The commission and former executive director Gary Grief each face a first-degree felony charge of abuse of official capacity. The charge traces to an April 2023 Lotto Texas drawing whose $95 million top prize … Read more
Texas would double the cash a licensed bingo organization may hold, from $50,000 to $100,000. The limit would be calculated from eight quarterly reports instead of three, matching the two-year license term. The rules reach 2,093 bingo license holders, 1,766 of them nonprofits, and carry no fee increases. Comments close 30 days after the July … Read more